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Ashva Capital 2018 Year End Letter: Are We In A Bear Market?

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Jacob Wolinsky
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A bear market is traditionally defined as a 20 percent slide from recent highs and is usually accompanied by widespread panic among investors. In December, the S&P500 declined 19.8% from its September 2018 peak. Although the index has rebounded strongly many investors and the media believe that we are currently in the beginning of a global bear market.

Q4 hedge fund letters, conference, scoops etc

black bear 1548874019
keaton / Pixabay

Ankur Shah discusses his views on whether there is further market carnage ahead in his recently published 2018 Annual Investor Letter.


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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available. FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid